July 16, 2009 | CSX, Headlines
(Reuters circulated the following on July 16, 2009.) CHICAGO — The worst of the U.S. recession appears to be over but it is uncertain how long it will take the economy to recover, the head of the No. 3 U.S. railroad said on Tuesday. “We think the economy is...
July 16, 2009 | CSX, Headlines
(Bloomberg News circulated the following story by Craig Trudell on July 13, 2009.) NEW YORK — CSX Corp., the third-largest U.S. railroad, posted quarterly profit that beat analysts’ estimates after cutting spending on fuel, supplies and labor. Profit for the second...
July 15, 2009 | Commuter Rail, CSX, Headlines
(The following story by Joe Follick appeared on the Lakeland Ledger website on July 14, 2009.) TALLAHASSEE, Fla. — In the latest twist to the controversial plan to bring commuter rail to the Orlando area, state officials are seeking $432 million from the federal...
July 15, 2009 | CSX, Headlines
(Dow Jones circulated the following story on July 14, 2009.) JACKSONVILLE, Fla. — CSX Corp. (CSX) said railroad freight volume likely will slide by a double- digit percentage rate in the third quarter, albeit not quite as steeply as the second quarter’s 21%...
July 14, 2009 | CSX, Headlines
(The Associated Press circulated the following on July 13, 2009.) JACKSONVILLE, Fla. — The railroad operator CSX said Monday that second-quarter earnings fell 20 percent as it collected fewer fuel surcharges and shipments continued to drop. The results still topped...
July 14, 2009 | CSX, Headlines
(CSX issued the following on July 13, 2009.) JACKSONVILLE, Fla. — CSX Corporation [NYSE: CSX] today announced second quarter earnings of $308 million, or 78 cents a share, versus $385 million, or 93 cents a share, last year. Excluding the impact of discontinued...
July 9, 2009 | CSX, Headlines
(The following story by Arthur E. Foulkes appeared on The Tribune-Star website on July 9, 2009.) TERRE HAUTE, Ind. — Flashing red and blue lights on the large white police SUV made it clear someone was in trouble. Two men were discovered Wednesday on property owned by...
July 6, 2009 | CSX, Headlines
(The following column by Andrew Leckey appeared on the Chicago Tribune website on July 5, 2009.) Q:I own shares of CSX Corp. and wonder what I can expect next. A: Though the giant railroad with 21,000 miles of track in 23 Eastern states has improved the efficiency of...
July 2, 2009 | CSX, Headlines
(The following story by Marcus K. Garner appeared on The Atlanta Journal-Constitution website on July 1, 2009.) ATLANTA, Ga. — A freight train derailed in Union City Wednesday afternoon, spilling its load of coal along a long swatch of track, authorities said. About...
July 2, 2009 | CSX, Headlines
(The following story by John D. Boyd appeared on The Journal of Commerce website on July 1, 2009.) WASHINGTON, D.C. — In counting up railroads that are spending time on the possibilities of electrified freight train operations, don’t include CSX Transportation....